Trading Proverb #4. "95% of traders lose" is an marketing statement and not necessarily true.
When you see or hear someone telling you that 95% of people who trade Forex lose...RUN!!!! It means this person DOES NOT trade.
In America, it is law that Forex brokerages provide statistics to their customers that show the percentage of winning traders versus losing traders at that brokerage. On average, at my brokerage, the report shows that only 73% of their traders have losing accounts. So, either we are the best traders in the world, or someone is not telling the truth.
It should come as no surprise that a person claiming 95% of people lose is either a marketer selling you an indicator or system they have obviously never used, or is some new trader quoting the thief.
"95% of traders lose" is the red flag statement that whatever is being sold, or said, is totally untrue. If it is a salesmen, be sure to unsubscribe from any further offers. Do not be a victim!!
When you see or hear someone telling you that 95% of people who trade Forex lose...RUN!!!! It means this person DOES NOT trade.
In America, it is law that Forex brokerages provide statistics to their customers that show the percentage of winning traders versus losing traders at that brokerage. On average, at my brokerage, the report shows that only 73% of their traders have losing accounts. So, either we are the best traders in the world, or someone is not telling the truth.
It should come as no surprise that a person claiming 95% of people lose is either a marketer selling you an indicator or system they have obviously never used, or is some new trader quoting the thief.
"95% of traders lose" is the red flag statement that whatever is being sold, or said, is totally untrue. If it is a salesmen, be sure to unsubscribe from any further offers. Do not be a victim!!
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